What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Rappid Valves (India) Limited IPO?

Based on the upper price band of ₹222 and current GMP of ₹100, the estimated listing price is ₹322 (approx. 45.0% gain).

What is the expected profit per lot for Rappid Valves (India) Limited IPO?

With a lot size of 600 shares and current GMP of ₹100, expected profit per retail application lot is approximately ₹60,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Rappid Valves (India) Limited

ListedSME

Capital Goods / Industrial Engineering · NSE

Incorporated in 2002, Rappid Valves (India) Limited manufactures a wide range of valve solutions such as ball, gate, globe, butterfly, check, double block, filter, and marine valves made from both ferrous and non-ferrous materials in sizes from 15mm to 600mm, catering to multiple industries. The company operates an advanced manufacturing unit equipped with CNC machines, VMCs, test benches, EOT cranes, and other modern machinery, and holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, ensuring strong quality and safety practices. Backed by experienced leadership, continuous manufacturing upgrades, and expertise in marine sector solutions, Rappid Valves is expanding its market reach through sales offices in Dahej, Ahmedabad, Pune, and Noida, and as of June 30, 2024, employs 47 people at its manufacturing plant and registered office.

Price Band

₹210 – ₹222

Issue Size

₹30.41 Cr

Lot Size

600 shares

GMP

₹100

+45.0%

Est. Listing

₹322

at current GMP

Subscribed

176.14x

overall

Open

23 Sep 2024

25 Sep 2024

Allotment

26 Sep 2024

Refund

27 Sep 2024

Demat Credit

28 Sep 2024

Listing

30 Sep 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Rappid Valves (India) Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹100+45.0%

Issue Price (Upper)

₹222

Band: ₹210 – ₹222

Estimated Listing Price

₹322

Upper price + GMP

Lot Size

600 shares

Min investment ₹1,33,200

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹100	45.0%	₹322
30 Oct 2026	+₹100	45.0%	₹322
29 Oct 2026	+₹90	40.5%	₹312

About Rappid Valves (India) Limited Public Issue & Market Profile

Rappid Valves (India) Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Engineering sector with an aggregate issue size of ₹30.41 Crores. The shares are offered at a price band of ₹210 to ₹222 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,33,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Basis of Allotment & Listing Timeline:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-28, while un-allotted funds or UPI block mandates will be released on 2024-09-27.

Frequently Asked Questions

What is Rappid Valves (India) Limited IPO GMP today?

The latest grey market premium for Rappid Valves (India) Limited IPO is ₹100, which indicates an expected listing price of ₹322.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.